Open season on the media companies starts 4 April. It should be interesting to watch.

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After much speculation and hype, the government has finally set a date for the long-awaited new media ownership laws to come into effect. It all starts this Wednesday, 4 April. These new laws remove the foreign ownership restrictions for commercial and subscription television and remove the cross-media ownership restrictions relating to commercial radio, television and newspapers. As a result of the changes, the first since the late 1980s, many are predicting a flurry of takeovers. This is especially likely given the amount of private equity money sloshing around. We...

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